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Dubai News

Euro Auctions announces
Middle East expansion with new Dubai
site

Plant and machinery auction announced for Dubai puts Euro Auctions on four continents

Euro Auctions, Europe’s leading
auctioneers of industrial plant, construction equipment and agricultural
machinery, has announced the addition of a permanent sale site in Dubai putting Euro
Auctions on four continents around the globe and adding another four sales per
year to the calendar.

Euro Actions
has leased a 91,000 m² (22 acre) site from the Jebel Ali Free Zone Authority
(JAFZA) that includes a purpose built auction complex covering over 3,000 m²
with a 360 seat, fully air conditioned enclosed auction arena as well as
ancillary buildings, workshops and infrastructure. Euro Auctions has all the
necessary services and logistic licences in place for the new venture and will
trade under the Euro Auctions brand.

“As part of
the continued global Euro Auctions brand expansion, the Middle East, and in
particular the United Arab Emirates, was always the next country in which to
establish a strong and stable operating base,” explains Jonnie Keys, Euro
Auctions, Commercial Manager, “We have many good relationships with buyers and
sellers in the Middle East and Africa and this new auction location will enable
us to create stronger relationships with our customers in this region and open
the door to many new buyers and sellers.”

Keys continued “We have seen increased participation in our European
and American auctions from the Middle East
region over the past year and in particular in the last six months and indeed
have had numerous customers who have requested that we take a larger part in
this region which this facility will allow in addition to growing our customer
base.”

First Sale in Dubai

The first Euro Auctions sale in Dubai is planned for 13th September
2017, with four sales per year scheduled to follow. This will provide its loyal
customers more options and platforms to buy and sell equipment and assets when,
where and how they like. This expansion allows for total global reach
and assets can be sold where the demand is greatest. Sellers are urged to contact Euro Auctions
now on 00971 488 46 880 regarding consigning equipment to this upcoming
auction.

Recent
Expansion

This news
follows Euro Auction’s acquisition of USA Heavy Equipment Auctioneer, Yoder
& Frey, in December of 2016 which added three additional auction sites and
an additional six auctions per year. Jonnie
Keys enthuses “We are delighted with the performance of the Yoder & Frey
brand to date and are looking forward to its growth in the future”. In addition to this Euro Auctions regularly
hold the largest Heavy Equipment Auction in Europe at its Leeds site in the UK with 4,500
to 5,000 lots sold every six to seven weeks with a hammer total typically over
£30m.

Established in
1998 Euro Auctions has permanent auction sites in the UK, Europe, Australasia, the
USA, the United Arab Emirates and are the market leader in the UK, Ireland and
Europe, conducting over 60 major auctions every year. Euro Auctions also specialises
in off-site sales and recently conducted the world’s largest one day auction of
mobile cranes, selling 127 cranes with a hammer value of €32m. Euro Auctions
also offer an online sales platform that is robust, secure and free to use and markets
equipment globally to over 150,000 buyers in over 95 countries

Consignors are
urged to contact Euro Auctions now regarding selling and the contact details
are:

Euro Auctions has been
conducting unreserved auctions of industrial plant, construction equipment and
agricultural machinery since 1998, conducting over 60 major auctions every year
around the globe, on 10 sites, in seven countries and on four continents. Euro
Auctions is market leader in Europe, holding
more sales and selling more lots per sale that any other auction house. With
its head office located in Dromore, Co. Tyrone, Northern Ireland it has nine more
permanent auction sites in England, Germany, Spain, Australia, the USA and the
United Arab Emirates. All sites are fully operational at all times, with
permanent offices, auction yards and full time staff. The company also
specialises in off-site sales for leading plant hire companies, for cessation
of trading, retirement sales as well as stock and fleet rotation.